Peru is a typical case of the developing country experiencing rapid growth. At an average of 7% a year, Peru's economy is one of the fastest growing ones in Latin America. However, despite their massive growth, the growing economy has not been backed up by government support. Money has been inefficiently allocated into infrastructure as opposed to needed social programs by Peru's current President, Alan Garcia.
http://www.economist.com/node/18486281
Gilberto Perez
Sunday, April 3, 2011
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